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BREAKING: U.S. Fed fires off another three-quarter point rate hike
The U.S. Federal Reserve (Fed) has on Wednesday lifted its key interest rates by three-quarters of a percentage…
Britain caps electricity and gas prices for businesses
Britain announced on Wednesday it would control the cost of electricity and gas for businesses from next month.
Gulf’s bourses end lower on Monday except Oman gains
Gulf’s most bourses closed lower on Wednesday as investors ready for a hefty interest rate hike from the U.S.…
Aramco: Europe’s energy crisis plans are only a short-run solution
The head of Saudi state oil giant Aramco stated on Tuesday Europe’s plans to cap energy bills for consumers and tax…
Maersk aims to finalise clean fuel project deal with Egypt at COP27 – official
Shipping group A.P. Moller-Maersk plans to finalise a deal with Egyptian government for a green energy and clean…
Egypt’s share close in red zone on Wednesday
Egyptian Stock Exchange (EGX) concluded the trading session on Wednesday in the red zone, as the main market index…
Egyptian pound slips to weakest against U.S. dollar since Nov. 2016
Egyptian pound weakened on Wednesday to its lowest against the U.S. dollar since its devaluation in November 2016.
Egypt’s stocks mixed at Wednesday’s midday session
Egypt’s stocks were mixed at Wednesday’s midday trading session as the EGX30 increased by 0.04 percent to reach…
Oil prices drop with fears aggressive Fed rate hike will curb demand
Oil prices inched down on Wednesday.
Denmark’s Queen Margrethe’s COVID test positive after attending funeral
Denmark’s Queen Margrethe has tested positive for COVID-19, according to the royal court on Wednesday.